new w estm inster TOWNHOME-JULY 202
SALES TO LISTINGSRATIO 29% SELLERS'M ARKET
▶ MARKETSUMMARY
AVERAGEPRICE
AVERAGE PSF PRICE ▲ 12% VS 2021
MEDIAN PRICE
TOTALLISTINGS
SALES
▲ 10% VS 2021
▲ 14% VS 2021
▼ 7% VS 2021
▼ 56% VS 2021
Therewere28 townhom elistingsin N ew W estm insterin July,13% below Juneand 7% lowerthan July2021.
Julytownhom esalesdecreased by47% m onth-over-m onth,to8,and were56% below July2021.
THISMONTH No. $651 $933,563 $1,002,500 29% 8 28
PREVIOUSYEAR
PREVIOUSMONTH
No.
% Change
No.
% Change
Thesales-to-listing ratio fortow nhom esin N ew W estm inster,at29% ,reflected aselers'm arket.
TOTALLISTINGS TOTALSALES
18 30
12% 10% 14% -52% -56% -7%
15 32
-12% -1.8% 3% -39% -47% -13%
Thetownhom em edian pricein Julywas$1,002,500,a 3% increasefrom Juneand 14% aboveJuly2021. Theaveragesold pricewas$933,563,1.8% below last m onth;theaveragePSF salepricewas$651,down 12% tolastm onth.
SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE AVERAGEPRICEPSF
$580 $851,861 $880,250 60%
$741 $951,140 $970,000 47%
▶ AVG PRICEPERSQUAREFOOT
▶ RECENTTRENDS
● JUL 2021 ● JUL 202
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
30
32
31
28
25
25
23
23
20
19
21
17
17
18
19
15
18
18
12
15
14
9
8
7
7
5
$1.03M $1.09M
$1.01M $970K $1.00M
$960K $984K
$880K $865K $930K
$851K $828K $897K
NEW W ESTMINSTER REBGV
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SEL ERS'MARKET 21% +
BALANCED 12 - 20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-L RATIO
14
1
100%
12
4+ bdrms
3
10
8
5
3 bdrms
17
50%
6
4
2
25%
2 bdrms
15%
8
2
0
<$400K $400-599K $600-799K $800-999K $1.0M -1.24M $1.25M -1.49M $1.5M -1.99M $2M +
<2 bdrms
S-L RATIO SALES INVENTORY
1 1 100%
4 1 25%
13 2 15%
8 4 50%
2 0 n/a
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